Common use of GUARANTEE FOR BALANCE OF PURCHASE PRICE Clause in Contracts

GUARANTEE FOR BALANCE OF PURCHASE PRICE. The Purchaser shall provide the Seller or the attorneys with a bank or other guarantee acceptable to the Seller for the payment of the balance of the purchase price. This guarantee must be provided within 10 (TEN) ordinary days of signature of this agreement or, if there are any suspensive conditions that have been included in this agreement for the benefit of the Purchaser only, within 10 (TEN) ordinary days of fulfilment of all these suspensive conditions. A bank guarantee is a letter of undertaking which South African banks are able to issue, against payment of their standard fee, if the Purchaser has enough money or a big enough loan facility at the relevant bank.

Appears in 14 contracts

Samples: arnimapartments.co.za, arnimapartments.co.za, arnimapartments.co.za

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GUARANTEE FOR BALANCE OF PURCHASE PRICE. The Purchaser shall provide the Seller or the transferring attorneys with a bank or other guarantee acceptable to the Seller for the payment of the balance of the purchase price. This guarantee must be provided within 10 (TEN) ordinary days of signature of this agreement Agreement or, if there are any suspensive conditions that have been included in this agreement for the benefit of the Purchaser only, within 10 (TEN) ordinary days of fulfilment of all these suspensive conditions. A bank guarantee is a letter of undertaking which South African banks are able to issue, against payment of their standard fee, if the Purchaser has enough money or a big enough loan facility at the relevant bank.

Appears in 13 contracts

Samples: www.pamgolding.co.za, www.pamgolding.co.za, www.pamgolding.co.za

GUARANTEE FOR BALANCE OF PURCHASE PRICE. The Purchaser shall provide the Seller or the attorneys with a bank or other guarantee acceptable to the Seller for the payment of the balance of the purchase price. This guarantee must be provided within 10 (TEN) ordinary days of signature of this agreement or, if there are any suspensive conditions that have been included in this agreement for the benefit of the Purchaser only, within 10 (TEN) ordinary days of fulfilment of all these suspensive conditions. A bank guarantee is a letter of undertaking which South African banks are able to issue, against payment of their standard fee, if the Purchaser has enough money or a big enough loan facility at the relevant bank.

Appears in 11 contracts

Samples: www.pamgolding.co.za, www.pamgolding.co.za, cdn.cocodoc.com

GUARANTEE FOR BALANCE OF PURCHASE PRICE. 5.1 The Purchaser shall provide the Seller or the attorneys with a bank or other guarantee acceptable to the Seller for the payment of the balance of the purchase price. This guarantee must be provided within 10 (TEN) ordinary days of signature of this agreement or, if there are any suspensive conditions that have been included in this agreement for the benefit of the Purchaser only, within 10 (TEN) ordinary days of fulfilment of all these suspensive conditions. A bank guarantee is a letter of undertaking which South African banks are able to issue, against payment of their standard fee, if the Purchaser has enough money or a big enough loan facility at the relevant bank.

Appears in 4 contracts

Samples: www.combineddevelopers.com, www.combineddevelopers.com, www.combineddevelopers.com

GUARANTEE FOR BALANCE OF PURCHASE PRICE. The Purchaser shall provide the Seller or the attorneys with a bank or other guarantee acceptable to the Seller for the payment of the balance of the purchase price. This guarantee must be provided within 10 (TENten) ordinary days of signature of this agreement or, if there are any suspensive conditions that have been included in this agreement for the benefit of the Purchaser only, within 10 (TENten) ordinary days of fulfilment of all these suspensive conditions. A bank guarantee is a letter of undertaking which South African banks are able to issue, against payment of their standard fee, if the Purchaser has enough money or a big enough loan facility at the relevant bank.

Appears in 3 contracts

Samples: thewaterford.co.za, thewaterford.co.za, thewaterford.co.za

GUARANTEE FOR BALANCE OF PURCHASE PRICE. The Purchaser shall provide the Seller or the transferring attorneys with a bank or other guarantee acceptable to the Seller for the payment of the balance of the purchase price. This guarantee must be provided within 10 (TEN) ordinary days of signature of this agreement Agreement or, if there are any suspensive conditions that have been included in this agreement for the benefit of the Purchaser only, within 10 (TEN) ordinary days of fulfilment of all these suspensive conditions. A bank guarantee is a letter of undertaking which South African banks are able to issue, against payment of their standard fee, if the Purchaser has enough money or a big enough loan facility at the relevant bank.

Appears in 2 contracts

Samples: www.pamgolding.co.za, thekingsley.co.za

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GUARANTEE FOR BALANCE OF PURCHASE PRICE. The Purchaser shall provide the Seller or the attorneys attorney with a bank or other guarantee acceptable to the Seller attorney for the payment of the balance of the purchase price. This guarantee must be provided within 10 (TEN) ordinary calendar days of signature of this agreement or, if there are any suspensive conditions that have been included in this agreement for the benefit of the Purchaser Purchaser, only, within 10 (TEN) ordinary calendar days of after fulfilment of all these suspensive conditions. A bank guarantee is a letter of undertaking which South African banks Banks are able to issue, against payment of their standard fee, if the Purchaser has enough money sufficient funds or a big enough loan facility at the relevant bank.

Appears in 2 contracts

Samples: static1.squarespace.com, static1.squarespace.com

GUARANTEE FOR BALANCE OF PURCHASE PRICE. The Purchaser shall provide the Seller or the transferring attorneys with a bank or other guarantee acceptable to the Seller for the payment of the balance of the purchase price. This guarantee must be provided within 10 (TEN) ordinary days of signature of this agreement or, if there are any suspensive conditions that have been included in this agreement Agreement for the benefit of the Purchaser only, within 10 (TEN) ordinary days of fulfilment of all these suspensive conditions. A bank guarantee is a letter of undertaking which South African banks are able to issue, against payment of their standard fee, if the Purchaser has enough money or a big enough loan facility at the relevant bank.

Appears in 1 contract

Samples: www.pamgolding.co.za

GUARANTEE FOR BALANCE OF PURCHASE PRICE. The Purchaser shall provide the Seller or the attorneys Conveyancers with a bank or other guarantee acceptable to the Seller for the payment of the balance of the purchase price. This guarantee must be provided within 10 (TEN) ordinary days of signature of this agreement Signature Date or, if there are any suspensive conditions that have been included in this agreement Suspensive Conditions for the benefit of the Purchaser only, within 10 (TEN) ordinary days of fulfilment of all these suspensive conditionsSuspensive Conditions. A bank guarantee is a letter of undertaking which South African banks are able to issue, against payment of their standard fee, if the Purchaser has enough money or a big enough loan facility at the relevant bank.

Appears in 1 contract

Samples: lapiron.co.za

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